Will WESTGOLD RESOURCES LTD ORDINARY SHARES (OTCMKTS:WTGRF) Run Out of Steam Soon? Short Interest Is Down

June 15, 2018 - By Louis Casey

The stock of WESTGOLD RESOURCES LTD ORDINARY SHARES (OTCMKTS:WTGRF) registered a decrease of 8.68% in short interest. WTGRF’s total short interest was 176,700 shares in June as published by FINRA. Its down 8.68% from 193,500 shares, reported previously. With 200 shares average volume, it will take short sellers 884 days to cover their WTGRF’s short positions. The short interest to WESTGOLD RESOURCES LTD ORDINARY SHARES’s float is 0.09%.

It closed at $1.25 lastly. It is up 0.00% since June 15, 2017 and is . It has underperformed by 12.57% the S&P500.

Westgold Resources Limited engages in the exploration, development, mining, and treatment of gold assets in Western Australia. The company has market cap of $. The company's principal assets include the Higginsville gold project, South Kalgoorlie gold project, Central Murchison gold project, Fortnum gold project, and Rover project. It has a 178.57 P/E ratio. It also explores for iron oxide, copper, lead, zinc, and silver deposits.

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